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The Chinese Economy: Transitions and Growth by Barry Naughton

The Chinese Economy: Transitions and Growth Barry Naughton ebook
Format: pdf
ISBN: 0262140950, 9781429455343
Publisher:
Page: 504

China is making the transition from cheap exporter to a consumer-led economy. Growth reaccelerates once the economy works through the transition from the export-driven, manufacturing-heavy model that typically fuels fast early growth. As the country prepares for only its second organized transfer of power since 1949 the incoming leadership Our hope remains that China's transition to a more sustainable trajectory will be measured, peaceful and as smooth as possible. EDUCATION NETWORKS: The Chinese economy: transitions and growth - Ultimate Resource on scholarship program,scholarship programs, scholarship search. Decades of rapid economic growth granted legitimacy to the Chinese Communist Party and helped minimize social unrest. In fact, the economy is already domestically driven, but it's being propped up by government investment spending – uncertain foundations even for a country as cash-rich as China – rather than consumers themselves. No sane American can wish China ill. The government is attempting a shift away from cheap exports and towards an economy fuelled by Chinese's growing ranks of consumers. Economic reform is back on the agenda,” said Barry Naughton, author of the 2006 book “The Chinese Economy: Transitions and Growth” and a professor at the University of California at San Diego. For some countries this drop in growth was temporary.